Ukraine Rejects US Bid for 50% of Rare Earth Minerals, FT Says
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Ukraine has rejected a bid by the US to own 50% of the country’s rare earth minerals, as President Volodymyr Zelenskiy seeks to negotiate a better deal, the Financial Times reported.
US Treasury Secretary Scott Bessent presented the proposal to Zelenskiy in a draft contract, which was brought to their meeting on Wednesday, NBC reported earlier, citing eight US officials it didn’t identify. Zelenskiy didn’t sign the document and said he needed to study and consult others on it, according to the US outlet.